Newsletters

September

• HOT TOPIC: Should You Worry About Market Volatility?

  On August 5, 2024, the S&P 500 dropped 3% from its previous close but bounced back quickly. This article explains why investors would be wise to tune out the noise of market volatility.

• It’s Complicated: Inheriting IRAs and Retirement Plans

  The SECURE Act of 2019 dramatically changed the rules governing how IRA and retirement plan assets are distributed to beneficiaries.

• Retroactive Social Security Benefits: A Chance to Turn Back Time

  Beneficiaries who postpone claiming Social Security past full retirement age have the option of receiving a lump-sum payment for up to six months of benefits when they finally apply.

• Eight Great Investing Quotes

  This article offers eight quotes from successful investors, economists, and other insightful thinkers that may help provide perspective and focus for an investing strategy.

• Thinking of Selling Your Home? Don’t Be Surprised by Capital Gains Taxes

  This article explains the basics of capital gains taxes when selling a home.

• Just Your Average Millionaire

  The average net worth of U.S. families surpassed $1 million for the first time in 2022, but wealth levels vary greatly by age, housing status, education, and income.

August

• Watch for These Hazards on the Road to Retirement

  The road to retirement is typically not a smooth ride. This article looks at five potential risks that can slow progress along the way.

• Mixing It Up: Asset Allocation and Diversification

  This article explains how asset allocation and diversification can work together to help mitigate portfolio risk.

• After the Loss of a Loved One, Watch Out for Scams

  Scammers often prey on those who are most vulnerable. This article outlines common scams that target people who have lost a loved one.

July

• HOT TOPIC: The Economic Impact of an Aging World

  This article looks at some of the demographic trends and economic challenges related to global aging.

• Should You Buy or Lease Your Next Vehicle?

  Skyrocketing new vehicle costs and high interest rates could make leasing a cost-saving option. This article looks at the advantages and disadvantages of owning vs. leasing.

• Can Home Improvements Lower Your Tax Bill? It Depends

  Most home improvements are not tax deductible, but certain types of projects might help reduce your tax burden in other ways.

• Saving for College: 529 Plan vs. Roth IRA

  529 plans and Roth IRAs can both be used to save for college. This article compares the features of these two saving options.

June

• Investor, Know Thyself: How Your Biases Can Affect Investment Decisions

  While traditional economic models assume that people make rational decisions, most humans don’t think like robots. This article summarizes some common biases that can influence financial decisions.

• Insurance Gaps May Pose Risks for High-Net-Worth Households

  It’s important for affluent families to reassess their liability coverage periodically, to make sure it’s sufficient based on their finances, lifestyles, and the related risks.

May

• HOT TOPIC: What Stubborn Inflation Could Mean for the U.S. Economy

  This article looks at some of the reasons behind the inflation numbers, the likely effect on Fed decisions, and the potential economic impact.

• Housing Market Trends: Are They Helping or Hurting the Economy?

  U.S. home values held steady in 2023, even as mortgage rates rose to the highest levels in a generation. What could the current state of the housing market mean for the broader U.S. economy?

• Where Will You Live as You Grow Older?

  Many people would rather not think about the consequences of aging in general, much less that they might eventually need to rethink their living situation.

April

• Beware of These Life Insurance Beneficiary Mistakes

  Naming a life insurance policy’s beneficiaries should be a relatively simple task, but there are some situations that can lead to unintended and adverse consequences.

• What’s Required of the Executor of an Estate?

  Being named as the executor of an estate is generally an honor but settling an estate can be a difficult and time-consuming job. This article provides an overview of typical executor responsibilities.

• How a Family Limited Partnership Can Power an Estate Plan

  A family limited partnership is a legal agreement that enables business owners and their heirs to address succession, estate, and tax planning needs, all at once.

• Fixed Annuities: Retirement Income for Now or Later

  Purchasing a fixed annuity shifts the risk for future investment returns to the insurance company and could help create a pension-like income stream for retirement.

March

• Key Retirement and Tax Numbers for 2024

  This article presents the IRS’ cost-of-living adjustments for 2024 that affect contribution limits for retirement plans and various tax deduction, exclusion, exemption, and threshold amounts.

• How Savers and Spenders Can Meet in the Middle

  Couples who have opposite philosophies regarding saving and spending often have trouble finding common ground. This article offers some tips to learn to work with financial differences.

• The Federal Reserve’s Key Meeting Dates in 2024

  This article outlines the Federal Reserve’s three main objectives and provides the meeting schedule of the Federal Open Market Committee.

• Roth 401(k) News: Is It Time to Rethink How You Save for Retirement?

  High-income participants will not be allowed to make pre-tax catch-up contributions to a traditional 401(k) or similar plan starting in 2026, but they will be able to contribute to a workplace Roth.

• Can Your Personality Influence Your Portfolio? New Research Points to Yes

  The findings of two recent academic studies may offer insight into how investors can make more fruitful financial decisions.

February

• HOT TOPIC: Tax Season News and Survival Tips

  Taxpayers may want to be aware of important updates as they prepare to file their 2023 federal returns. This article includes information, filing tips, and last-minute opportunities for tax savings.

• Do You Have These Key Estate Planning Documents?

  This article provides an overview of four estate planning documents that almost everyone should have: a durable power of attorney, a medical directive, a will, and a letter of instruction.

• Small Businesses Could Face Borrowing Challenges

  Despite tougher lending conditions and higher interest costs, many people who need capital for business purposes may need to borrow money. This article discusses some common financing options.

January

• HOT TOPIC: SECURE 2.0 Provides New Retirement Savings Options in 2024

  The SECURE 2.0 Act made wide-ranging changes to U.S. tax laws related to retirement savings. This article provides an overview of some important provisions that take effect in 2024.

• Understanding Life Insurance

  Life insurance can help replace much-needed income after the death of a provider. With the wide variety of policies available, it’s important to understand the basic types of coverage.

• Will You Work Beyond Traditional Retirement Age?

  Does your income strategy beyond traditional retirement age include receiving a paycheck? This article looks at the advantages and disadvantages of working later in life.

• Setting a Retirement Savings Goal

  Only 51% of workers or their spouses have tried to estimate the savings they would need to live comfortably in retirement. This article offers a simple worksheet to help calculate a savings target.

• SECURE 2.0 Makes It Easier to Give and Receive

  The SECURE 2.0 Act modified the rules for qualified charitable distributions to allow funding a charitable gift annuity or charitable remainder trust from an IRA.

• How to Kill Your Zombie Subscriptions

  With inflation cutting into consumers’ purchasing power, getting rid of a few unnecessary recurring charges could be a painless way to help balance the household budget.

December

• Much Ado About RMDs

  This article provides an overview of the changes the SECURE 2.0 Act made and a brief explanation of how to calculate required minimum distributions from tax-advantaged retirement accounts.

• Why the EPA is Focusing on “Forever” Chemicals

  In March 2023, the Environmental Protection Agency proposed the first federal limits for six types of per- and polyfluoroalkyl substances, or PFAS, in public drinking water.

• New Medicare Rules Tackle Prescription Drug Prices

  The Inflation Reduction Act of 2022 included provisions intended to lower prescription drug costs for Medicare enrollees and slow drug spending by the federal government.

November

• HDHP/HSA Pairing May Help Control Medical Costs

  High-deductible health plans offer potential savings by encouraging cost-effective choices in medical spending, as well as eligibility for a health savings account with tax advantages.

• You’ve Received an Inheritance, Now What?

  Receiving an inheritance might promote spending without planning, but it’s not wise to make hasty decisions. This article provides suggestions that could help manage an inheritance.

• Tax-Loss Harvesting Offers Chance at Silver Lining

  Stock market downturns can be rough on a portfolio’s bottom line, but selling losing investments may offer the potential to reduce an investor’s tax liability.

• Breaking Down Clean Vehicle Tax Credits for Business Owners

  Business owners may be able to claim one of two new federal tax credits to help offset the cost to purchase certain clean vehicles.

October

• Time to Bulk Up Your Emergency Fund

  A financial crisis can strike when least expected, so it’s important to have a sufficient emergency fund. This article offers some suggestions to help increase a fund before it’s needed.

• Four Key Objectives of a Sound Retirement Plan

  A sound retirement plan should be based on personal circumstances, and no one strategy is suitable for everyone. This article looks at four goals that a retirement strategy should address.

• Managing Medicare Out-of-Pocket Costs

  This article looks at the two different and mutually exclusive options Medicare beneficiaries have to help control retirement health-care spending: Medigap and Medicare Advantage.

• New FAFSA Favors Grandparent College Giving

  Changes to the 2024–2025 Free Application for Student Aid (FAFSA) allow grandparents to help with college expenses without affecting financial aid eligibility based on the FAFSA.

• Enriching a Teen with a Roth IRA

  A teen with a part-time job can contribute to a Roth IRA, which is a flexible way to accumulate funds for college, retirement, and other long-term needs.